Family Entities definition

Family Entities means, with respect to any individual, any trust, corporation, limited liability company, or partnership for which (1) all the beneficiaries, shareholders, members, or partners, as the case may be, are Family Members of such individual, and (2) such individual or a Family Member of such individual is the controlling trustee, shareholder, member, or partner of such entity.
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Family Entities means a family’s wholly owned companies or family trusts
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Family Entities means, with respect to any individual, any trust, corporation, limited liability company, or partnership for which (i) all of the beneficiaries, shareholders, members, or partners, as the case may be, are Family Members of such individual, and (ii) such individual or a Family Member of such individual is the controlling trustee, shareholder, member, or partner of such entity.
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Examples of Family Entities in a sentence

  • All significant transactions and balances between Family entities are eliminated on consolidation.

  • Mr. Jammal and others previously filed a lawsuit against six American Family entities in the summer of 2010.

  • Throughout this time, the Plaintiff claims to have distributed the shared revenues to both the Contact and Family entities.

  • In mid to late 2000, as the size of the net receivable balance from all the Rigas Family entities was growing to approximately $200 million, Jim Brown and Tim Rigas first discussed the idea of moving or “reclassifying” co- borrowing debt from Adelphia’s balance sheet to the books of the RMEs. (Tr. 6535).

  • Basis of consolidation (Cont.) All significant transactions and balances between Family entities are eliminated on consolidation.

  • Id.6. During that same time, Purdue Pharma also may have transferred significant value in non-cash assets to the Sackler Family and Sackler Family entities, including equity interests in businesses distributed out of Purdue Pharma in 2013 and 2014 and the assignment by Purdue Pharma of the right to future royalties payable on non-ADF formulations of OxyContin in 2017.

  • Given Deloitte’s dual roles, its access to the underlying books and records of both the Company and the Rigas Family entities, its involvement in the credit facilities and its approval of Adelphia’s debt covenant compliance calculations, the fraud alleged herein was certainly known to Deloitte.

  • Family entities can often avail themselves of fractional interest discounts for gift tax and estate tax purposes.

  • Nevertheless, at that time, NBE began to use its copy of the 1999 Settlement Agreement to dismiss all pending lawsuits by the Wahba Family entities in Egypt against NBE.302 However, it did not dismiss any of its own cases initiated against Dr. M.

  • The current technical set-up of all CMS and Agreement websites does not allow web content to be automatically shared between the CMS Family entities, nor can it be linked with databases or portals such as InforMEA.


More Definitions of Family Entities

Family Entities means entities, including companies, partnerships, limited liability partnerships, other bodies corporate, trusts, associations of persons, body of individuals, etc., which are directly or indirectly Controlled by the Trust, and shall include DRL and DRHL and the investee companies of DRHL. It is clarified that the Family Entities mayor may not be related in any manner to the pharma industry. For the purpose of this definition, Control (including with correlative meaning, the terms “Controlling” and “Controlled by”) shall mean the power and ability to direct the management and policies of the controlled entity (including trusts) through direct or indirect ownership of shares, partnership interest or beneficial interest/trusteeship of the controlled entity or by any contract, agreement or otherwise; and shall include with respect to any entity: (a) the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies and trusteeship of such entity whether through the ownership of securities, partnership interest or beneficial interest, or by agreement, or by trusteeship or otherwise, or (b) the power to elect or constitute half of the directors, partners, trustees or other individuals exercising similar authority with respect to such entity or the right to be represented on the management body of such entity or control the management body of such entity, including a trustee, or (c) the possession, directly or indirectly, of more than 50% voting rights and/or a contractual shareholder’s or director’s veto right in management matters which leads to being in the management control of such entity or entities Controlled by such entity.
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Family Entities means Xxxx X. Xxxxx, his wife, any lineal descendants and --------------- adopted children, and any family partnership, family trust or similar estate planning vehicle solely for the benefit of any such persons.
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Related to Family Entities

  • Entities means event and competition organisers/promoters/managers, land and track owners/managers/administrators/lessees, CAMS affiliated clubs, state and territory governments and insured listed in CAMS’ public/product/professional indemnity insurance policies and each of their related bodies corporate (including their related bodies corporate) and each of their organs and agencies, officers/president/directors/executives, employees, servants, agents, partners, providers, members, competitors, drivers, co-drivers, navigators, officials, crew members, pit crew, delegates, licence holders, representatives, commissions, committees, advisers, trustees, councils, panels, shareholders, volunteers, officials, appointees, delegated bodies and sponsors.

  • Company Entities means the Company and its Subsidiaries.

  • Family home or "family residence" means the location or portion of a location where the applicant and his or her family reside, and may include basements and attics. It does not include other structures that are separate from the home but are considered part of the overall premises, such as adjacent apartments, unattached basements in multi-unit buildings, unattached garages, and other unattached buildings.

  • Family Group means with respect to any individual, such individual’s current or former spouse, their respective parents, descendants of such parents (whether natural or adopted) and the spouses of such descendants, any trust, limited partnership, corporation or limited liability company established solely for the benefit of such individual or such individual’s current or former spouse, their respective parents, descendants of such parents (whether natural or adopted) or the spouses of such descendants.

  • Multi-family housing means a building or structure that is designed to house two (2) or more different households in separate housing Units which have full kitchen facilities including oven/range, refrigerator, kitchen sink with hot and cold water supply and food storage facilities and at least one (1) full bathroom facility(s), one (1) full bedroom and one (1) living area (including a combination thereof such as studio arrangements).

  • Related Entities means contractors and subcontractors of a Party at any tier; grantees, investigators, customers, and users of a Party at any tier and their contractors or subcontractor at any tier; or, employees of the Party or any of the foregoing.

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Family child care home means a private home in which 1 but fewer than 7 minor children are received for care and supervision for compensation for periods of less than 24 hours a day, unattended by a parent or legal guardian, except children related to an adult member of the household by blood, marriage, or adoption. Family child care home includes a home in which care is given to an unrelated minor child for more than 4 weeks during a calendar year. A family child care home does not include an individual providing babysitting services for another individual. As used in this subparagraph, "providing babysitting services" means caring for a child on behalf of the child's parent or guardian if the annual compensation for providing those services does not equal or exceed $600.00 or an amount that would according to the internal revenue code of 1986 obligate the child's parent or guardian to provide a form 1099-MISC to the individual for compensation paid during the calendar year for those services.

  • Family caregiver means a relative by blood, marriage, or Adoption who lives with or is the primary Caregiver of the terminally ill Member.

  • Controlled Investment Affiliate means, as to any Person, any other Person, which directly or indirectly is in control of, is controlled by, or is under common control with such Person and is organized by such Person (or any Person controlling such Person) primarily for making direct or indirect equity or debt investments in the Company and/or other companies.

  • Operating Partnership has the meaning set forth in the preamble.

  • Foster family home means a private home in which children are placed for foster family care under supervision of the cabinet or a licensed child-placing agency;